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If mortgage lenders need to learn anything from the pandemic, it is relying on a single source for any service could disrupt their activities.October 7
General CounselLereta -
Computershare Loan Services has agreed to acquire a loan fulfillment and secondary marketing unit owned by LenderLive Holdings in order to broaden its services along the full mortgage lifecycle.August 20
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As mortgage brokers gain more leverage in the market, concerns about borrower poaching and retention are making channel conflict with lenders more prevalent.March 12
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Wary of concentration risk, secondary market participants are backing initiatives to give more players a piece of the action.February 6
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PHH Corp.'s net loss grew in the third quarter as the company took a hit from the costs of its transformation to being a subservicer and portfolio retention originator.November 8
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PHH Corp. lost $46 million in the second quarter as it continues efforts to exit mortgage origination and servicing and instead focus on subservicing.August 8
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Former EverBank Chairman and CEO Rob Clements now has those same positions at LenderLive Holdings, a Denver-based provider of outsourced mortgage services.July 18
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Nationstar Mortgage has returned its overseas call center operations to the U.S., a move that will add 500 jobs at the company.June 21
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Managing portfolios for an influx of servicing rights investors helps mortgage companies augment revenue and keep rising costs and compliance risks in check.June 19
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New entrants in mortgage servicing are rethinking how business is done, creating more division between holders of mortgage servicing rights and the entities that actually manage loans.June 13
